Medical videoscopes help to enhance the visualization system during various surgeries enabling health care experts to closely observe body cavities and organs. Videoscopes contain specific software that creates dynamic 3D images from the output of computed tomography (CT), magnetic resonance imaging (MRI) and other scanners. The images are thereby used by health care professionals to improve the diagnosis of serious medical conditions. Medical videoscopes are usually 10 mm or lesser in diameter and measure up to 15 m in length. Various components of medical videoscopes are insertion probe, lighting bundle, external light source, and recording device. A number of applications of medical videoscopes include endoscopy, laparoscopy, gynecology, urology, arthroscopy and bronchoscopy. Technological advancements in the field endoscopic procedures have resulted in several improvisations driving the growth of the medical videoscopes market. Furthermore, rapid rise in the number of geriatric population vulnerable to orthopedic and gastrointestinal diseases is anticipated to accentuate the market growth over the forecast period. However, high cost of endoscopic equipment in most of the hospitals might hinder the growth of the medical videoscopes market.

The medical videoscopes market can be segmented as given below:

By Type

Rigid Videoscopes

Flexible Videoscopes

By Visualization System

Monitors

HD camera

3D camera

External light source

Others

By Applications

Colonoscopy

Arthroscopy

Laparoscopy

Endoscopy

Others (urology, gynecology, etc.)

By Geography

North America

Europe

Asia Pacific

Rest of the World

North America holds a leading position in the market followed by Europe due to growing number of technological advancements, and increasing need of the population for minimally invasive endoscopic procedures.. These two regions have always been on the forefront in terms of novel technologies and medications. In addition, increasing number of endoscopy training workshops and several government initiatives in the U.S. and Canada is augmenting the growth of the medical videoscopes market. Given Imaging developed an ingestible camera, named, the PillCam Colon, approved by the U.S. Food and Drug Administration to be used during colonoscopy procedures. Asia Pacific, too, is developing at a great pace and is considered to be as the most promising market for the growth of medical videoscopes due to the presence of a large population base, increasing incidences and prevalence of a number of diseases that require endoscopy procedures among the Asian population. Furthermore, increasing government support to set up modern healthcare infrastructure, favorable reimbursement scenario and various tax benefits would also drive the medical videoscopes market in the coming years.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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